Risk Manager

About the OpportunityJob Type: Fixed Term Contractor

Contract duration : 11 months.

Application Deadline: 31 December 2024

Title Risk Manager

Department Global Risk Management

Location Luxembourg

Reports To Associate Director, Risk

Level Manager / Senior Manager

Please note that this is a Fixed Term Contract until Mid November 2025 due to a maternity cover.

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join th First Line Risk team and feel like you’re part of something bigger.

About your team :

This role is part of the Global Risk Management function which is the business risk arm of our three lines of defense in Fidelity supporting and advising our businesses in achieving their risk and regulatory objectives. Comprising of business and risk professionals it operates globally within our Investment Solutions & Services Businesses. The function provides proactive support and guidance to management and staff across business and operational areas, to ensure that risks are effectively identified and managed in accordance with the enterprise-wide risk management framework.

European Distribution services our Institutional and Wholesale clients across Europe. The business distributes both Fidelity investment solutions and services to banks, insurance companies, brokerage firms, financial advisors and family offices, as well as designing tailored strategies and segregated mandates including institutional funds, pension funds, public authorities and sovereign wealth funds.

About your role :

The role is to provide risk management leadership and support to the European Distribution business and its senior management, based across Europe, ensuring effective management in accordance with Fidelity’s risk management framework and within Group Risk Appetite. This role will form an integral part of the delivery of Global Risk’s value proposition and will seek to embed an exceptional risk management culture within the business.

• Through strong stakeholder management provide risk management support and insight to the business, helping them to fully understand their risk profile;
• Support business scenario planning exercises as required and ensure that these are carried out on a timely basis;
• Ensure risk data is effectively captured and maintained and appropriate controls, risk appetite measures and key risk indicators (KRIs) are in place;
• Coordinate major incident and events and ensure that appropriate escalation takes place and mitigation activities are actioned. Provide analytical commentary and insight including oversight and analysis of risk event reporting;
• Carry out risk-based analytical reviews and provide assurance to the business, as required. Provide advice and guidance during material change programmes to ensure that controls are embedded in processes from the outset
• Provide meaningful and value-add risk and control reporting to the regional committees and senior management which includes communication on the status of key risks and their respective remediation programs in the business and regulatory initiatives;
• Proactively review existing practices and recommend risk solutions in consideration of good customer journeys and outcomes; 
• Conduct active read across of issues, events and build standardisation and consistency in approach and outputs;
• Support risk management training and education to increase risk awareness of good risk management practices in the business.
• Actively guide and in some cases lead business thinking on major transformation programmes
• This role will offer good exposure to the senior management of European Distribution.

About you :

• Demonstrable Operational Risk Management experience
• Previous Asset Management experience
• Highly analytical mindset and associated tool knowledge
• Pragmatic problem solver who is willing to roll their sleeves up and help the business reduce risk
• Hands-on mentality and ability to work well under pressure with good prioritisation ability
• Dedicated to maintaining high quality standards and client satisfaction
• Ability to work independently and within a team environment
• Demonstrates resilience, adaptability and good judgement
• Works collaboratively and leverages individual talents in support of company practices and goals
• Exhibits personal responsibility and accountability to maintain high standards by continually seeking opportunities to increase efficiency and quality of existing work processes, methods, and system.
• Advanced level of English

Feel rewarded :

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

Please note we are committed to providing equal opportunities to all candidates, regardless of background or identity. We value diversity and strive to create an inclusive environment where every individual can thrive and contribute with their unique skills.